The distributor expands inventory access and regional Midwest support for data center construction and energy projects with the new facility.
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Wholesale inventories continued to climb in April after sharp gains in February and March, though the latest advance came in below market expectations — a possible sign that recent stockloading is cooling.
SRS Distribution’s latest bolt-on adds a longtime Chicagoland commercial roofing business, continuing a busy 2026 acquisition pace for the Home Depot-owned distributor.
Minnesota-based CPM is a manufacturer of processing equipment used in oilseed and animal feed production, while North Carolina-based MW Components makes fasteners, springs and precision metal components.
Canals said the funding will accelerate product development for its AI-powered workflow suite used by more than 100 distributors.
The Associated Press’ annual CEO compensation survey found that typical CEO pay rose nearly 6% in 2025, while median employee pay at S&P 500 companies increased 4.7%. We share the survey's key findings here.
It nets GMS three locations between Ottawa and Ontario and more than 50 employees.
The funding for the rapidly scaling residential home service platform reportedly values Apex at $10 billion, and signals continued appetite for such platforms that are reshaping contractor buying power across key distribution end markets.
Healthcare products distributor Owens & Minor named a longtime medical supply executive as its new top leader, succeeding interim leader Christian Cook as the company continues operating as a standalone business under Platinum Equity ownership.
The test and measurement supplies distributor appointed five senior executives across sales, merchandising, strategy, HR and digital commerce as the Distribution Solutions Group subsidiary advances its AmpX growth strategy.
The automotive aftermarket warehouse distributor is backed by Oridian Capital Partners, formerly known as HCI Equity Partners.
A new survey from the National Association of Waterfront Employers found U.S. ports will need $6.7 billion in cargo handling equipment investments through 2031, including more than 100 new ship-to-shore cranes, as operators look to modernize terminals and maintain supply chain competitiveness.
The U.S. government says bankrupt supplier First Brands underpaid tariffs on imported goods for years, adding another major development to the company’s ongoing collapse and its growing fallout across the automotive aftermarket distribution channel.
The independent construction and industrial distribution cooperative has served its members for 37 years. Get the details here, including where those members are likely heading.
The DOJ charged four major container manufacturers — which combine to produce nearly all of the world's standard unfrigerated shipping containers — and seven of their executives with allegedly conspiring to restrict output and inflate prices during the pandemic-era supply chain crisis.
Continental Fuel Group, backed by Brenton Point Capital Partners, is pursuing acquisitions of commercial fuel distributors across the Midwest, Mid-Atlantic and Southeast.
Employee-owned electrical distributor Van Meter is expanding and automating its Minnesota distribution hub with a 124,000-square-foot addition designed to boost efficiency, consolidate operations and support long-term growth.
Parker Hannifin is set to significantly expand its Aerospace & Defense footprint by acquiring CIRCOR’s commercial and defense aerospace business, adding flight-critical motion and flow control technologies tied to major OEM and defense platforms.
We're off Monday in observance of Memorial Day in the U.S., so Update will be back in action Tuesday morning.
Motion Control & Enterprises adds Florida-based Tripp Electric Motors to expand its repair and maintenance capabilities in the state’s water and wastewater markets.
